Transitioning from residency to practice requires making major life decisions regarding issues that residents often have little experience with. These issues include, but are not limited to, finding a job, contract negotiation, and getting acclimated to their new job. It can also be difficult to find valuable tools and resources to help direct young urologists with patient care answers, guidelines, and finding an experienced mentor who can help to successfully guide them. Below you will find a few tips and resources that we hope will assist you as you embark on this new journey in your life.
If you are just beginning the transitioning process, here are a few other things to consider:
Deciding Where to Settle
Research the areas you are considering. Is there a high density of urologists? Are they competitive markets already saturated with urologists, or less competitive areas with fewer urologists? What are the typical payer mixes for these regions (i.e. what types of insurance do the patients have)?
Deciding What Kind of Practice to Enter
Academics? Large group? Small group? Hospital-based? Rural? Suburban? Urban? Decide what fits best for you.
Consider hiring a lawyer to assist in contract negotiations.
If possible, negotiate for relocation costs to be covered in the contract.
Establishing a Practice
Relationships are everything. Get to know your referring physicians. Introduce yourself to colleagues. Join hospital committees. Identify senior colleagues who you trust to act as mentors.